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president, you go first. >> thank you very much, jim, for this opportunity. i want to thank governor romney and the university of denver for your hospitality, a lot of points i want to make tonight, but the most important one is that 20 years ago, became the luckiest man on earth because michelle obama agreed to marry me. i want to wish you happy anniversary, and a year from now, we won't celebrate it in front of 40 million people. four years ago, we went through the worst financial crisis since the great depression. millions of jobs were lost, the auto industry was on the brink of collapse the financial system had frozen up, and because of theo resilience and determinatin of the american people, we've begun to fight our way back. over the last 30 months, we've seen 5 million jobs in the private sector created. the auto industry has come roaring back and housing has begun to rise. but we all know that we still have a lot of work to do. and so the question here tonight is not where we've been, but where we're going. governor romney has a perspective that says
president, you go first. >> thank you very much, jim, for this opportunity. i want to thank governor romney and the university of denver for your hospitality, a lot of points i want to make tonight, but the most important one is that 20 years ago, became the luckiest man on earth because michelle obama agreed to marry me. i want to wish you happy anniversary, and a year from now, we won't celebrate it in front of 40 million people. four years ago, we went through the worst financial...
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thank you, jim. >> thank you, mr. president. the next debate, the vice presidential event on thursday, october 11th at center college in danville, kentucky. for now, from the university of
thank you, jim. >> thank you, mr. president. the next debate, the vice presidential event on thursday, october 11th at center college in danville, kentucky. for now, from the university of
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i'm sorry, jim, i'm going to stop the subsidy to pbs. i love pbs, i love big bird, i actually like you to. but i'm not going to keep spending money on things, borrowing money from china to pay for it. that's number one. number two, i'll take programs that are currently good programs but i think will be run more efficiently at the state level and send them to the state. number three, i'll make government more efficient, cut back the number of employees, combine some agencies into departments. my cutbacks will be done through attrition, by the way. this is the approach we have to take to get america to a balanced budget. the president said he'd cut the deficit in half. unfortunately, he doubled it. $1 trillion deficits for the last four years. the president's put in place as much public debt, almost as much debt held by the public as all prior presidents combined. >> mr. president, two minutes. >> when i walked into the oval office, i had more than a $1 trillion deficit greeting me. and we know where it came from. two wars that were paid f
i'm sorry, jim, i'm going to stop the subsidy to pbs. i love pbs, i love big bird, i actually like you to. but i'm not going to keep spending money on things, borrowing money from china to pay for it. that's number one. number two, i'll take programs that are currently good programs but i think will be run more efficiently at the state level and send them to the state. number three, i'll make government more efficient, cut back the number of employees, combine some agencies into departments. my...
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i am going to make an important point here, jim. when you add up all the loopholes and deductions that upper-income individuals are currently taking advantageeof, you don't come close to paying for $5 trillion in tax cuts and $2.20 trillion -- $22million in additional military spending. the only way to meet his plan of not adding to the deficit is by burning the middle class families, the average middle- class family with children would pay about $2,000 more. that is not my analysis, that is the analysis of economists who have looked at this thing. that kind of top down economics where folks at the talks are doing well and the middle class families are burdened further, that is not what i believe it is a recipe for economic growth. just a on taxes for a moment. >> virtually everything he just said about my tax plan is inaccurate. if this were attacked and i was asked to support, i would absolutely not. i had said i will not put in place a tax plan that adds to the deficit. no economist can claim that mitt romney tax plan thattadds $
i am going to make an important point here, jim. when you add up all the loopholes and deductions that upper-income individuals are currently taking advantageeof, you don't come close to paying for $5 trillion in tax cuts and $2.20 trillion -- $22million in additional military spending. the only way to meet his plan of not adding to the deficit is by burning the middle class families, the average middle- class family with children would pay about $2,000 more. that is not my analysis, that is...
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i believe in competition. >> jim, if i can respond very quickly. first of all, every study has shown medicare has lower administrative costs than private insurance does, which is why seniors are generally pretty happy with it, and private insurance has to make a profit. nothing wrong, that's what they do. and so you have higher administrative costs, plus profit, on top of that. and if you are going to save any money through what governor romney is proposing, what has to happen, the money has to come from somewhere. and when you move to a voucher system, you are putting seniors at the mercy of those insurance companies, and over time if traditional medicare has decayed or fallen apart, they are stuck. and this is the reason why aarp has said that your plan would weaken substantially and that's why they were supportive of the approach that we took. one last point i want to make. we do have to lower the cost of health care, not just in medicare and medicaid. but overall. >> we'll talk about that in a minute. >> that's a big topic. can we stay on medic
i believe in competition. >> jim, if i can respond very quickly. first of all, every study has shown medicare has lower administrative costs than private insurance does, which is why seniors are generally pretty happy with it, and private insurance has to make a profit. nothing wrong, that's what they do. and so you have higher administrative costs, plus profit, on top of that. and if you are going to save any money through what governor romney is proposing, what has to happen, the money...
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i am jim lehrer from the pbs newshour and i welcome you to the first of the 2012 presidential debates between president barack obama, the democratic nominee and former massachusetts gov. mitt romney, the republican nominee. this debate is sponsored by the commission on presidential debates. tonight's 90 minutes will be about domestic issues and it will follow a format designed by the commission. there will be six roughly 15- minute segments with the first question and then open discussion for the remainder of each segment. thousands of people offered suggestions on segment semtex or questions via the internet and other means. but i made the final selections. for the record, they were not submitted for approval to the commission for the candidates. the segments, as i announced in advance will be three on the economy and one each on health care, the role of government and the governing with an emphasis throughout on differences, specifics, and choices. both candidates also have to- minute closing statements. there is a noise exception right now as we welcome president obama and governor
i am jim lehrer from the pbs newshour and i welcome you to the first of the 2012 presidential debates between president barack obama, the democratic nominee and former massachusetts gov. mitt romney, the republican nominee. this debate is sponsored by the commission on presidential debates. tonight's 90 minutes will be about domestic issues and it will follow a format designed by the commission. there will be six roughly 15- minute segments with the first question and then open discussion for...
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thank you, jim. >> thank you, governor, thank
thank you, jim. >> thank you, governor, thank
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two minutes. >> thank you, jim. honor to be here with you and i appreciate the chance to be the president. pleased to be at the university of denver, appreciate their welcome and also the presidential ghicommission. congratulations to you,mr. president, on your anniversary. this is the most romantic thing you would imagine, being here with me. congratulations. this obviously a very tender topic. i've had the occasion over the last couple of years of meeting with people across the country. i was in dayton, ohio, and a woman grabbed my arm, she said, i've been out of work since may, can you help me? and yesterday, at a rally in denver and a woman came up to me with a baby in her arms, said, ann, my husband has had four jobs in three years, part-time jobs, he's lost his most recent job. and we've now just lost our home. can you help us? and the answer is yes. we can help. but it's going to take a different path. not the one we've been on. not the one the president describes as a top down cut taxes for the rich, that's
two minutes. >> thank you, jim. honor to be here with you and i appreciate the chance to be the president. pleased to be at the university of denver, appreciate their welcome and also the presidential ghicommission. congratulations to you,mr. president, on your anniversary. this is the most romantic thing you would imagine, being here with me. congratulations. this obviously a very tender topic. i've had the occasion over the last couple of years of meeting with people across the country....
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. >> that is a little bit too jim cramer for some of you perhaps, but it is, in fact, my feeling. there comes a time, it's called attack from a defensive position. the president has been attacked. i think it's time to return the favor to romney. your thoughts this week. >> it's what he had to do in the debate, didn't do, and it's what he has to do every day between now and the next debate. he has to draw the contrast on medicare and straighten out this myth that the president cut $716 million from medicare benefits. he didn't. they're cut from medicare providers like insurance companies that are overcharging. he has to attack on the issue of taxes. there aren't enough tax loopholes or tax deductions to pay for romney's tax cut unless you cut into home interest mortgage deductions, unless you get rid of state and local taxes. that will hit the middle class hard. you have to be honest about this. the debate hurt obama and helped romney, and romney's gotten a bump in the polls, although it seems to be flattening out. you look at the new poll in ohio, the president is at 51%, romney i
. >> that is a little bit too jim cramer for some of you perhaps, but it is, in fact, my feeling. there comes a time, it's called attack from a defensive position. the president has been attacked. i think it's time to return the favor to romney. your thoughts this week. >> it's what he had to do in the debate, didn't do, and it's what he has to do every day between now and the next debate. he has to draw the contrast on medicare and straighten out this myth that the president cut...
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the sole questioner tonight is jim lehrer. it's the 12th time he's served as moderator. >> lehrer: good evening. from the magnus arena at the university of denver in denver, colorado. i'm jim lehrer of the pbs newshour and i welcome you to the first of the 2012 presidential debates between president barack obama the democratic nominee and former massachusetts governor romney, the republican nominee. this debate and the next three-- two presidential, one vice presidential-- are sponsored by the commission on presidential debates. tonight's 90 minutes will be about domestic issues and will follow a format designed by the commission. there will be six roughly 15-minute segments with two-minute answers for the first question. then open discussion for the remainder of each segment. thousands of people offered suggestions on segment subjects or questions via the internet and other means but i made the final selections and, for the record, they were not submitted for approval to the commission or the candidates. the segments, as i an
the sole questioner tonight is jim lehrer. it's the 12th time he's served as moderator. >> lehrer: good evening. from the magnus arena at the university of denver in denver, colorado. i'm jim lehrer of the pbs newshour and i welcome you to the first of the 2012 presidential debates between president barack obama the democratic nominee and former massachusetts governor romney, the republican nominee. this debate and the next three-- two presidential, one vice presidential-- are sponsored...
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maybe jim lehrer. format i love. much more demanding on jim but better for us. >> ifill: we're looking forward to what jim has to say tonight. it's a big night and we'll go to the convention hall and hoar from our own jim lehrer. >> lehrer: good evening, from the ma nag mess arena in colora. i welcome you to the first of the 2012 presidential debates between president barack obama, the democratic nominee, and former massachusetts governor, mitt romney, the republican. nominee. this debate and the next three, two presidential, one vice presidential, are sponsored by the commission on presidential debates. tonight's 90 minutes will be about domestic issues and will follow a format designed by the commission. there will be six roughly 15-minute segments with two-minute answers for the first question, then open discussion for the remainder of each segment. thousands of people offered suggestions on segment subjects or questions have a the internet and other means, but i made the final selections, and for the record, they
maybe jim lehrer. format i love. much more demanding on jim but better for us. >> ifill: we're looking forward to what jim has to say tonight. it's a big night and we'll go to the convention hall and hoar from our own jim lehrer. >> lehrer: good evening, from the ma nag mess arena in colora. i welcome you to the first of the 2012 presidential debates between president barack obama, the democratic nominee, and former massachusetts governor, mitt romney, the republican. nominee. this...
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president. >> well, jim, i want to thank you. and i want to thank governor romney because i think this was a terrific debate and i very much appreciate it. and i want to thank the university of denver. you know, four years ago we were going through a major crisis, and yet my faith and confidence in the american future is undiminished. and the reason is because of its people. because of the woman i met in north carolina who decided at 55 to go back to school because she wanted to inspire her daughter and now has a job from that new training that she's gotten. because of a company in minnesota who was willing to give up salaries and perks for their executives to make sure that they didn't lay off workers during a recession. the auto workers that you meet in toledo or detroit take such pride in building the best cars in the world. not just because of a paycheck but because it gives them that sense of pride, that they're helping to build america. and so the question now is how do we build on those strengths? and everything that i've
president. >> well, jim, i want to thank you. and i want to thank governor romney because i think this was a terrific debate and i very much appreciate it. and i want to thank the university of denver. you know, four years ago we were going through a major crisis, and yet my faith and confidence in the american future is undiminished. and the reason is because of its people. because of the woman i met in north carolina who decided at 55 to go back to school because she wanted to inspire...
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i'm sorry, jim, i'm going to stop the subsidy to pbs. i like pbs, i love big bird. i actually like you, too. i'm not going to keep spending money on things -- >> let's -- >> let's get back to medicare. the president said the government could provide it at a lower cost without a profit. let's -- >> let's not. let's let him respond. let's let him respond to this specific on dodd/frank and what the governor just said. >> massachusetts governor mitt romney rolling over the debate moderator, jim lehrer, of pbs last night during the first presidential debate of this campaign season. joining us now for the interview is dan rather, host of "dan rather reports" on access tv. anchor of cbs' "evening news" for 20 years and a veteran observer of the campaigns. thank you. >> always a pleasure to be here. >> what is your reaction overall to the debate last night? i am assuing you think mitt romney won the debate. what do you think is important about it? >> i think what's important about it is it gives governor romney a chance to get a second look from the electorate. when he was
i'm sorry, jim, i'm going to stop the subsidy to pbs. i like pbs, i love big bird. i actually like you, too. i'm not going to keep spending money on things -- >> let's -- >> let's get back to medicare. the president said the government could provide it at a lower cost without a profit. let's -- >> let's not. let's let him respond. let's let him respond to this specific on dodd/frank and what the governor just said. >> massachusetts governor mitt romney rolling over the...
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romney: thank you, jim. i am pleased to be at the university of denver and i appreciate their welcome and also the presidential commission on these debates. congratulations to you, mr. president on your anniversary. i'm sure this is the most romantic place you can imagine here with me. [laughter] congratulations. this is obviously a very tender topic. identification of the last couple years many people across the country. i was in dayton, ohio, and a woman grabbed my hand and said she'd been out of work since may. can you help me? yesterday was a rally in denver and a woman came up to her with a baby in her arms and said my husband has had four jobs in three years, part-time jobs. he has lost his most recent job and we cannot just lost our home. can you help us? the answer is yes, we can help, but it is going to take a different path. not the one we have been on, not the one the president described as a top down cut taxes for the rich. that is not what i'm going to do. my plan has five basic parts. one, get
romney: thank you, jim. i am pleased to be at the university of denver and i appreciate their welcome and also the presidential commission on these debates. congratulations to you, mr. president on your anniversary. i'm sure this is the most romantic place you can imagine here with me. [laughter] congratulations. this is obviously a very tender topic. identification of the last couple years many people across the country. i was in dayton, ohio, and a woman grabbed my hand and said she'd been...
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one. >> jim: let's not. let's let him respond to this specific on dodd frank and what the governor just said. >> i think this is a great example. the reason we have been in such an enormous economic crisis was prompted by reckless behavior across the board. now twasn't just on wall street. you had loan officers that were giving loans and mortgages that really shouldn't have been given bos because the folks didn't qualify. hupeople borrowing money to buy a house they couldn't afford. hucredit agencies stamping these as a-1 great investments when they weren't. but you also had banks making money hand over fist, churning out products that the bankers themselves didn't even understand, in order to make big profits, but knowing that it made the entire system vulnerable. so what did we do? we stepped in and had at this time toughest reforms on wall street since the 1930s. we said, banks, you have to raise your capital requirements. you can't engage in the rinky behavior that is putting main street at risk. we are
one. >> jim: let's not. let's let him respond to this specific on dodd frank and what the governor just said. >> i think this is a great example. the reason we have been in such an enormous economic crisis was prompted by reckless behavior across the board. now twasn't just on wall street. you had loan officers that were giving loans and mortgages that really shouldn't have been given bos because the folks didn't qualify. hupeople borrowing money to buy a house they couldn't afford....
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. >> i'm sorry, jim. i'm going to stop this subsidy to pbs. i'm going to stop other things, and i like pbs. i love big bird. i actually like you too. >> one of the most surprising parts of the president's performance was what he did not say. no mention of romney's infamous 47% remark, no talk about bain capital, nothing about romney's own taxes. he did play the romney is a hypocrite card when it comes to health care. >> the irony is that we've seen this model work really well in massachusetts because governor romney did a good thing working with democrats in the state to set up what is essentially the identical model and as a consequence people are covered there. it hasn't destroyed jobs. >> romney, who ran from his massachusetts health care plan during the gop primaries, now used it to tag to the middle for the general election. >> i like the way we did it in massachusetts. i like the fact that in 3450i my state we had republicans and democrats come together and work together. what you did instead was to push through a plan without a single r
. >> i'm sorry, jim. i'm going to stop this subsidy to pbs. i'm going to stop other things, and i like pbs. i love big bird. i actually like you too. >> one of the most surprising parts of the president's performance was what he did not say. no mention of romney's infamous 47% remark, no talk about bain capital, nothing about romney's own taxes. he did play the romney is a hypocrite card when it comes to health care. >> the irony is that we've seen this model work really well...
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if you were jim wednesday night, where these issues are concerned, at the economy, how we avoid what has happened already, how we avoid falling into another recession, around those issues, what ought to be debated wednesday night? >> they should be challenged about whether we want a sustainable financial system. will both presidents appoint people to their economic team who will see the economic interest of the people probably? -- broadly? will they appoint regulators who will be independent of wall street? will they support them when they need to make decisions? will this president protect regulators when congress tries to beat up on them? did they recognize the crucial connection between our economic growth and prosperity? tavis: if you were going to appoint regulators and others not connected to wall street without looking for names, where would you look for those types of people? whenever you talk about financial issues, the people who in-depth writing these institutions -- to end up running these institutions, they always seem to come from the same pool of choic. >> it is bipart
if you were jim wednesday night, where these issues are concerned, at the economy, how we avoid what has happened already, how we avoid falling into another recession, around those issues, what ought to be debated wednesday night? >> they should be challenged about whether we want a sustainable financial system. will both presidents appoint people to their economic team who will see the economic interest of the people probably? -- broadly? will they appoint regulators who will be...
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not specific about the measures, that all changed at last week's presidential debate >> i'm sorry, jim, i'm going to stop the subsidy to pbs. i'm going to stop other things. i like pbs. i love big bird. i actually like you too but i'm not going to keep on spending money on things to borrow money from china to pay for it >> jon: pack your tote bags and ride the high cultured train back to cancel town. you can take your invisible elephant friend with you, you eight-foot tall yellow feathered freak. who fires big bird? look, after the initial elation of getting a specific... settle down. after getting a specific from one of mr. romney's plans which felt very good came the realization that this move to cut sesame street might not do that much to address the $16 trillion debt. well, you couldn't be more wrong. >> the numbers are truly troubling >> it turns that our out of control spending includes roughly $450 million given every year to the corporation for public broadcasting, $8 million of that going to -- that's right -- sesame workshop and big bird. >> jon: $8 million. why, that's one $
not specific about the measures, that all changed at last week's presidential debate >> i'm sorry, jim, i'm going to stop the subsidy to pbs. i'm going to stop other things. i like pbs. i love big bird. i actually like you too but i'm not going to keep on spending money on things to borrow money from china to pay for it >> jon: pack your tote bags and ride the high cultured train back to cancel town. you can take your invisible elephant friend with you, you eight-foot tall yellow...
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and president obama choosing to look mostly at jim lehrer or looking down. and what message do the viewers at home pick up on that. >> governor romney's body language was pretty good and that expression on his face which was an expression, those of white house follow him was familiar w as kind of a half smile, not a smirk-- . >> stephen: yes, brit, mitt had a confident half smile, like this. (laughter) not a smirk like this-- (laughter) and definitely not a big bright rick human smile like this-- hume smile like this (laughter) so ultimately, folks, choosing the leader of the free world is clearly all about how it looks. so for those of you who did not have an hour and a half to waste last night, here's how it looks. >> we welcome president obama and governor romney. (applause) (laughter) (applause) thank you and good night. >> stephen: pretty much captures it. now of course a lot of belly acres on the left, incidentally bellyaching not covered under romney's plan, insisted on paying attention to the words they said, and pointed out that mitt changing almost
and president obama choosing to look mostly at jim lehrer or looking down. and what message do the viewers at home pick up on that. >> governor romney's body language was pretty good and that expression on his face which was an expression, those of white house follow him was familiar w as kind of a half smile, not a smirk-- . >> stephen: yes, brit, mitt had a confident half smile, like this. (laughter) not a smirk like this-- (laughter) and definitely not a big bright rick human...
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for now, from the university of denver i'm jim lehrer. thank you and good night. [ cheers and applause ] >> cenk: there you have it the first presidential debate of 2012. i have a feeling we have mixed feelings about how that debate went. of course you have to keep in mind we'll be discussing tactics here. we know all of the policies and facts that go behind us. some of the viewers might be experiencing those policies in substance for the first time and they might have a different take. now on to the tactics and how it appears, vice president gore? >> al gore: i said before the debate that i thought that romney was going to be a better performer tonight, because he knows how far behind he is and he had to bring his a game and i think he did. i don't think it was the best debate performance for president obama. i agree with you we'll have to see how the specifics on the substantive issues settle in as people reflect on them. but the first visceral reaction i had was that romney did himself some good in this debate. i'm strongly supporting
for now, from the university of denver i'm jim lehrer. thank you and good night. [ cheers and applause ] >> cenk: there you have it the first presidential debate of 2012. i have a feeling we have mixed feelings about how that debate went. of course you have to keep in mind we'll be discussing tactics here. we know all of the policies and facts that go behind us. some of the viewers might be experiencing those policies in substance for the first time and they might have a different take....
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this is about romney and big bird. >> i'm sorry, jim. i'm going to stop the subsidy to pbs. i love pbs. i love big bird. actually like you too. but i'm not going to keep on spending money and borrowing money from china to pay for it, no. 1. >> is that harsh? >> it's harsh when we're focusing on big bird. but romney's point was that too much of our debt has been accumulated by china and other countries as well. what he didn't mention was that china was buying that up when george w. bush was president as well. but the fact that i had to point that out on the air tonight is an illustration of what barack obama didn't do. the president frankly should have been politely in his face, saying that's not accurate, just like the presentation about romney's health care program. the president should have merely said the governor is being a hypocrite. he did this in massachusetts. and the president frankly didn't do that tonight. i think that's the reason that people said that they gave the nod to mitt romney tonight. in the end, we've seen how people are going to vote in november. we've
this is about romney and big bird. >> i'm sorry, jim. i'm going to stop the subsidy to pbs. i love pbs. i love big bird. actually like you too. but i'm not going to keep on spending money and borrowing money from china to pay for it, no. 1. >> is that harsh? >> it's harsh when we're focusing on big bird. but romney's point was that too much of our debt has been accumulated by china and other countries as well. what he didn't mention was that china was buying that up when...